SYSCO CORP (SYY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SYY - US8718291078 - Common Stock
74.27 USD
+2.15 (+2.98%)
74.27 USD
0 (0%)
Overall SYY gets a technical rating of 1 out of 10. SYY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
72% of all other stocks performed better in the past year than SYY.
In the last month SYY has a been trading in the 71.23 - 76.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SYY has an average volume of 3137980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SYY is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 45% of 38 stocks in the same industry.
SYY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYY is lagging the market.
SYY has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
69.05
84.10
We found 2 important support areas.
- A support zone ranging from 73.29 to 74.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 69.75 to 71.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @76.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 81.59 to 83.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SYY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYY is neutral. |
| ChartMill Relative Strength | 28.61 | NEGATIVE | SYY has a low relative strength, it was outperformed by 71.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SYY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.9 | NEUTRAL | The RSI value for SYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SYY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.68 | NEUTRAL | The Stochastics value for SYY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for SYY suggests low volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for SYY suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
74.27
+2.15 (+2.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.98%
1 Week0.79%
2 Weeks0.38%
1 Month2.31%
3 Month-5.33%
6 Month-3.34%
12 Month0.92%
2 Year-8.23%
3 Year-4.12%
5 Year3.86%
10 Year86.56%
15 Year154.87%
Volatility
ATR(14)1.09
ATR(20)%1.52%
ATR Inc150.32%
Range Today2.92
ADR(20)1.1
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.61
3 months CRS24.9
6 months CRS27.74
Mansfield-1.16
10 Day High74.77
10 Day Low71.23
20 Day High76.63
20 Day Low71.23
52 Week High83.47
52 Week Low67.12
CS1 End74.11
CR1 Start76.63
Volume & EV
DER(3)-1.46%
DER(5)-1.39%
Volume3.21M
Volume Incr30.04%
Vol(5)3.51M
Vol(50)3.14M
SYSCO CORP / SYY FAQ
What is the ChartMill technical rating of SYSCO CORP (SYY) stock?
ChartMill assigns a technical rating of 1 / 10 to SYY.
What is the current trend direction of SYSCO CORP (SYY) stock?
The current trend direction for SYSCO CORP (SYY) is Bearish.
What is the RSI signal for SYY stock?
SYSCO CORP (SYY) has an RSI value of 50.8984. This indicates that the stock is currently neutral.
What is the MACD signal for SYSCO CORP (SYY) stock?
The MACD indicator for SYSCO CORP (SYY) has a value of -0.0492373, indicating a bearish trend.